2025-02-03T19:31:03-06:00 2024-06-30 410746749 CLIFTONLARSONALLEN LLP 8215 GREENWAY BOULEVARD SUITE 600 MIDDLETON WI 53562 990 2023-07-01 237243247 THE BLAKE SCHOOL BLAK 9529883459 110 BLAKE ROAD SOUTH HOPKINS MN 55343 DR ANNE STAVNEY HEAD OF SCHOOL 9529883451 2025-01-28 1 0 KIMBERLY ANDERSON P00188889 6086628600 2025-01-28 2023 2025-03-06 01:10:19Z DR ANNE STAVNEY 110 BLAKE ROAD SOUTH HOPKINS MN 55343 88298754 0 X WWW.BLAKESCHOOL.ORG X 1900 MN TO PROVIDE STUDENTS WITH AN EXCELLENT, ACADEMICALLY CHALLENGING EDUCATION. 18 18 653 400 -64604 0 3236725 3715418 50109210 52415346 1930947 2065325 7742 -38750 55284624 58157339 8819118 9459460 0 0 35125494 35288441 0 0 2311345 16017083 17165000 59961695 61912901 -4677071 -3755562 200319449 200752358 44618436 41296631 155701013 159455727 THE BLAKE SCHOOL PROVIDES STUDENTS WITH AN EXCELLENT EDUCATION IN A DIVERSE AND SUPPORTIVE COMMUNITY. STUDENTS PARTICIPATE IN ACADEMIC, ARTISTIC AND ATHLETIC ACTIVITIES IN PREPARATION FOR COLLEGE, LIFE-LONG LEARNING, COMMUNITY SERVICES AND LIVES AS RESPONSIBLE WORLD CITIZENS. 0 0 51894356 9459460 52415346 THE BLAKE SCHOOL IS AN INDEPENDENT PRE-KINDERGARTEN THROUGH GRADE 12 SCHOOL SERVING STUDENTS THROUGHOUT THE TWIN CITIES WITH CAMPUSES LOCATED IN MINNEAPOLIS AND HOPKINS. ENROLLMENT IN 2023-2024 WAS 1,331 STUDENTS. IN SUPPORT OF ITS COMMITMENT TO CULTURAL AND SOCIOECONOMIC DIVERSITY AS BEING AN ESSENTIAL PART OF ITS EDUCATIONAL GOALS, THE SCHOOL GRANTED $8,702,952 IN FINANCIAL AID TO 340 STUDENTS. 51894356 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 1 0 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 141 0 1 653 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 18 18 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MN X DANA BERG 9529883459 110 BLAKE ROAD SOUTH HOPKINS MN 55343 SMITH CHRISTOPHER CHAIR 1.00 0.00 X X 0 0 0 BENNETT MOSI VICE CHAIR 1.00 0.00 X X 0 0 0 VORBRICH MARY SUE SECRETARY 1.00 0.00 X X 0 0 0 OXFORD DAVID TREASURER 1.00 0.00 X X 0 0 0 ABRAHAM CHAD TRUSTEE 1.00 0.00 X 0 0 0 BAKER KELLY TRUSTEE 1.00 0.00 X 0 0 0 GOLDSTEIN KATIE TRUSTEE 1.00 0.00 X 0 0 0 MYREN KEVIN TRUSTEE 1.00 0.00 X 0 0 0 SAUL PAYLOR LISA TRUSTEE 1.00 0.00 X 0 0 0 RODRIGUEZ ART TRUSTEE 1.00 0.00 X 0 0 0 MILLER WILLIAM TRUSTEE 1.00 0.00 X 0 0 0 NOORI SALEHI NEDDA TRUSTEE 1.00 0.00 X 0 0 0 BIZILY NEIL TRUSTEE 1.00 0.00 X 0 0 0 SIMMONS MOLLY TRUSTEE 1.00 0.00 X 0 0 0 ROSS MEREDITH TRUSTEE 1.00 0.00 X 0 0 0 THOMPSON KWELI TRUSTEE 1.00 0.00 X 0 0 0 WILSON ADEBISI TRUSTEE 1.00 0.00 X 0 0 0 SALDANHA AMY TRUSTEE 1.00 0.00 X 0 0 0 STAVNEY ANNE E HEAD OF SCHOOL 60.00 0.00 X 757883 0 56804 KELLEY DANIEL A CFO/COO 50.00 0.00 X 283189 0 44827 GRAYBEAL ANNE ASSOCIATE HEAD OF SCHOOL 50.00 0.00 X 255065 0 31781 RUGGIERO JOSEPH J DIRECTOR, UPPER SCHOOL 50.00 0.00 X 234223 0 30410 SILVESTRI JOSEPH P DIRECTOR, ADMISSIONS AND FINANCIAL ASSISTANCE 50.00 0.00 X 211825 0 62482 SCHUBRING REBECCA L CHIEF ADVANCEMENT OFFICER 50.00 0.00 X 228523 0 36754 WEST LATOYA DIRECTOR, EARLY LEARNING CENTER 50.00 0.00 X 188773 0 26474 2159481 0 289532 76 0 1 0 MA MORTENSON COMPANY 700 MEADOW LANE NORTH MINNEAPOLIS MN 55422 CONSTRUCTION 18831464 TAHER INC 5570 SMETANA DRIVE MINNETONKA MN 55343 FOOD SERVICE 1831277 MCFARLAND HANSON INC 13950 RADIUM ST NW RAMSEY MN 55303 CLEANING 559249 HAMMEL GREEN AND ABRAHAMSON INC SDS 12-1861 PO BOX 86 MINNEAPOLIS MN 554861861 ARCHITECTURAL 402762 HORWITZ INC 7400 49TH AVENUE N NEW HOPE MN 55428 MEP CONTRACTOR 245820 7 3715418 90635 3715418 TUITION 611600 49202203 49202203 AUXILIARY SERVICES 611710 2666714 2666714 OTHER PROGRAM REVENUE 611710 546429 546429 52415346 982236 -64604 1046840 214264 253014 -38750 -38750 -38750 30970490 1000 29655877 232524 1314613 -231524 1083089 1083089 58157339 52415346 -64604 2091179 9459460 9459460 1120108 153797 658717 307594 26847826 23092118 2670487 1085221 1824182 1724033 17280 82869 3557284 2974808 478420 104056 1939041 1621884 224697 92460 33775 33775 72763 72763 774405 774405 3401857 2772554 524344 104959 151298 8444 43651 99203 330753 181884 134061 14808 695850 434541 256888 4421 1705857 1505867 150767 49223 168709 149009 7377 12323 636507 317181 236344 82982 754667 663250 68917 22500 5276962 4637736 481896 157330 449382 49878 399504 INSTRUCTIONAL EXPENSES 1314115 1314115 PROFESSIONAL DEVELOPMEN 669539 629452 34430 5657 ALL OTHER EXPENSES 325060 132786 183831 8443 DUES & MEMBERSHIPS 281991 71559 133136 77296 121510 121510 61912901 51894356 7707200 2311345 2107164 1969050 6342523 5164125 1697983 1374878 636083 312081 1150000 1099653 37250 31305 856911 773550 149836042 51230950 94842519 98605092 43213384 36939781 49435632 54482843 200319449 200752358 6782149 4979049 4312818 3789085 32688651 31944826 834818 583671 44618436 41296631 X 80149892 85369721 75551121 74086006 155701013 159455727 200319449 200752358 X -3755562 7227757 282519 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 87487447 1482168 8140952 10581314 86529253 88024707 617481 2538382 3693123 87487447 101222923 537681 -10218867 3517030 88024707 73974997 897781 29480036 3129891 101222923 75448947 1860554 -306290 3028214 73974997 0.31780 0.49554 0.18667 1 1 1 1420428 1930058 3350486 125168753 42817975 82350778 5878622 2080691 3797931 12927376 5878989 7048387 2510805 453295 2057510 98605092 INTEREST IN PERPETUAL TRUST 3369804 F HEDGE FUNDS 51113039 F 54482843 LEASE LIABILITY 349394 ASSET RETIREMENT OBLIGATION 192000 SPLIT-INTEREST AGREEMENTS PAYABLE 42277 583671 X 55686764 7227757 535533 7763290 47923474 774405 9459460 10233865 58157339 51932050 253014 253014 51679036 774405 9459460 10233865 61912901 PART V, LINE 4: THE SCHOOL'S ENDOWMENT CONSISTS OF APPROXIMATELY 300 FUNDS THAT ARE USED TO PROVIDE FINANCIAL AID AND INSTRUCTIONAL PROGRAMS FOR STUDENTS, TO PROVIDE DEVELOPMENT OPPORTUNITIES FOR FACULTY, AND TO SUPPORT SCHOOL OPERATIONS. PART X, LINE 2: THE SCHOOL QUALIFIES AS A TAX-EXEMPT NONPROFIT CORPORATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND SIMILAR STATUTES OF MINNESOTA LAW. ACCORDINGLY, INCOME TAXES HAVE NOT BEEN RECORDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE SCHOOL HAS NOT TAKEN ANY UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION UNDER APPLICABLE ACCOUNTING GUIDANCE. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF BENEFICIAL INTEREST IN TRUST 254,481. CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS 28,038. RENTAL EXPENSES 253,014. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 9,459,460. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 253,014. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 9,459,460. 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 THE SCHOOL IS WORKING ON MOVING ITS NONDISCRIMINATION POLICY TO THE LANDING PAGE OF ITS WEBSITE. CURRENTLY IT IS PUBLISHED IN MULTIPLE MEDIA AT BLAKE, INCLUDING ON ADMISSIONS BROCHURES, IN PUBLICATIONS, ESPECIALLY MEDIA MATERIALS, AND ON POSTERS AT ALL THREE CAMPUSES. EUROPE 0 0 INVESTMENTS N/A 2621316 CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS N/A 39398948 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 0 0 INVESTMENTS N/A 304008 0 0 0 0 0 0 42324272 0 42324272 1 0 1 1 1 0 PART I, LINE 3: ACCRUAL METHOD 1 STUDENT FINANCIAL AID 340 9459460 N/A N/A PART I, LINE 2: STUDENT FINANCIAL AID IS APPLIED DIRECTLY TO STUDENT ACCOUNTS FOR TUITION, FEES, BOOKS, AND MISCELLANEOUS STUDENT EXPENSES. FINANCIAL AID CONSISTS OF AWARDS BASED ON FINANCIAL NEED AS WELL AS TUITION REMISSION FOR THE ENROLLED CHILDREN OF EMPLOYEES. X X X 1 1 X X X X X 0 1 0 0 0 0 0 0 0 STAVNEY ANNE E HEAD OF SCHOOL 576796 0 40000 0 141087 0 41062 0 15742 0 814687 0 0 0 KELLEY DANIEL A CFO/COO 282931 0 0 0 258 0 25786 0 19041 0 328016 0 0 0 GRAYBEAL ANNE ASSOCIATE HEAD OF SCHOOL 254875 0 0 0 190 0 22283 0 9498 0 286846 0 0 0 SILVESTRI JOSEPH P DIRECTOR, ADMISSIONS AND FINANCIAL A 211567 0 0 0 258 0 20088 0 42394 0 274307 0 0 0 SCHUBRING REBECCA L CHIEF ADVANCEMENT OFFICER 228265 0 0 0 258 0 20843 0 15911 0 265277 0 0 0 RUGGIERO JOSEPH J DIRECTOR, UPPER SCHOOL 234085 0 0 0 138 0 20864 0 9546 0 264633 0 0 0 WEST LATOYA DIRECTOR, EARLY LEARNING CENTER 173351 0 10000 0 5422 0 16145 0 10329 0 215247 0 0 0 PART I, LINE 1A DR. ANNE STAVNEY: HOUSING ALLOWANCE, HOUSEHOLD MANAGER, HEALTH CLUB DUES, CAR - ALL INCLUDED IN TAXABLE INCOME PART I, LINE 1B THE HOUSING ALLOWANCE PROVIDED TO THE HEAD OF SCHOOL IS DETERMINED BY THE EXECUTIVE COMPENSATION COMMITTEE AS PART OF THE COMPENSATION PACKAGE AND IS NOT GOVERNED BY REIMBURSEMENT POLICIES. PART I, LINE 4B NAME: DR ANNE STAVNEY, DESCRIPTION: DEFERRED COMPENSATION, CURRENT YEAR AMOUNT: $60,000. PLAN DESCRIPTION: 457(F) NAME: DANIEL KELLEY, DESCRIPTION: DEFERRED COMPENSATION, CURRENT YEAR AMOUNT: $20,000. PLAN DESCRIPTION: 457(F) A CITY OF COLUMBUS 416008885 2022-02-28 33474000 REFUNDING + CONSTRUCTING AN EARLY LEARNING CENTER 0 0 0 A 1303000 33474000 245249 20000000 13228751 2023 1 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 1 0 0 0 0 0 0 1 A 1 X 7 84315 STOCK MARKET QUOTES X FURNITURE 1 5600 COST X SNACKS & TREATS 2 450 COST 0 0 1 0 PART I, COLUMN (B): COLUMN (B) IS THE NUMBER OF CONTRIBUTIONS. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE SHALL BE COMPRISED OF THE OFFICERS OF THE BOARD OF TRUSTEES AND SHALL SERVE AS THE HEAD OF SCHOOL COMPENSATION AND EVALUATION COMMITTEE. WHEN COMPLETION OF THE HEAD OF SCHOOL EVALUATION EXTENDS BEYOND JUNE 30, FOR THE PURPOSES OF COMPLETING THIS TASK THE COMMITTEE'S WORK MAY EXTEND INTO THE THREE MONTHS FOLLOWING THEIR FORMAL YEAR OF SERVICE. FORM 990, PART VI, SECTION B, LINE 11B PRIOR TO ITS FILING, THE FORM 990 WAS REVIEWED BY THE CHIEF FINANCIAL AND OPERATING OFFICER, THE HEAD OF SCHOOL, AND THE FINANCE COMMITTEE BEFORE BEING PROVIDED TO ALL TRUSTEES FOR APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C THE SCHOOL'S CONFLICT OF INTEREST POLICY APPLIES TO ITS TRUSTEES, OFFICERS, ADMINISTRATORS, FACULTY AND OTHER EMPLOYEES. WHEN A POTENTIAL CONFLICT OF INTEREST EXISTS, THE PERSON WITH THE CONFLICT NOTIFIES THE CHAIR OF THE BOARD OF TRUSTEES OR THE HEAD OF SCHOOL SO THEY MAY TAKE APPROPRIATE ACTIONS. A TRUSTEE WHO IS DIRECTLY OR INDIRECTLY INVOLVED IN A POTENTIAL CONFLICT OF INTEREST IS NOT ALLOWED TO VOTE ON ANY ACTION OF THE BOARD REGARDING THE POTENTIAL CONFLICT AND IS NOT COUNTED IN DETERMINING THE EXISTENCE OF A QUORUM AT ANY MEETING OF THE BOARD WHERE THE POTENTIAL CONFLICT IS CONSIDERED. PROCEEDINGS RELATED TO CONFLICTS OF INTEREST ARE DOCUMENTED IN THE MEETING MINUTES OR AS OTHERWISE APPROPRIATE. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION PACKAGES FOR THE HEAD OF SCHOOL AND OTHER SIGNIFICANT POSITIONS DESIGNATED BY THE SCHOOL (INCLUDING CHIEF FINANCIAL AND OPERATING OFFICER; DIRECTOR OF INSTITUTIONAL ADVANCEMENT; ASSOCIATE HEAD OF SCHOOL; AND DIRECTOR OF ADMISSIONS AND FINANCIAL ASSISTANCE) ARE EACH REVIEWED BY THE COMPENSATION COMMITTEE OF THE BOARD ANNUALLY. THE COMMITTEE IS COMPRISED ENTIRELY OF INDEPENDENT PERSONS AND UTILIZES SALARY AND BENEFIT SURVEY DATA OBTAINED FROM VARIOUS LOCAL, REGIONAL AND NATIONAL SOURCES. MINUTES FROM THE MEETINGS ARE MAINTAINED AND APPROVED BY THE COMMITTEE. THIS PROCESS WAS MOST RECENTLY UNDERTAKEN DURING THE 2023-2024 SCHOOL YEAR FOR THE HEAD OF SCHOOL AND OTHER OFFICERS AND HIGHLY COMPENSATED EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS 28,038. CHANGE IN VALUE OF BENEFICIAL INTEREST IN TRUST 254,481. OAKLEAF ENDOWMENT TRUST FOR THE BLAKE SCHOOL 80 S 8TH ST NO 1800 MINNEAPOLIS MN 55402 416469031 ENDOWMENT MN 501(C)(3) LINE 12A, I THE BLAKE SCHOOL 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0